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Global aquafeed production shows continuous growth as livestock feeds show first drop in nine years

The 2020 Alltech Global Feed Survey estimates that overall aquafeed production showed a 4% growth last year. This is in contrast to livestock feed, which showed a decline for the first time in nine years.

Global aquafeed production shows continuous growth as livestock feeds show first drop in nine years

January 27, 2020

The 2020 Alltech Global Feed Survey estimates that overall aquafeed production showed a 4% growth last year. This is in contrast to livestock feed, which showed a decline for the first time in nine years. The survey showed that global feed tonnage decreased by 1.07% to 1.126 billion metric tons which was due largely to African swine fever (ASF) and the decline of pig feed in the Asia-Pacific region. Per ton, Asia-Pacific grew the most with an additional 1.5 MMT. The primary contributors were China, Vietnam and Bangladesh. Europe showed strong growth in aquafeed, and was up by 7%.

The pet food sector also grew by 4% with the largest tonnage increases in Asia-Pacific (10%), Europe (3%) and Latin America (6%). By country, increases were seen in China, Indonesia, Portugal, Hungary, Ecuador and Argentina.

The top nine feed-producing countries are the U.S., China, Brazil, Russia, India, Mexico, Spain, Japan and Germany. Together, these countries produce 58% of the world’s feed production and contain 57% of the world’s feed mills and can be viewed as an indicator of overall trends in agriculture.

The global data, collected from 145 countries and nearly 30,000 feed mills, indicates feed production by species as: broilers 28%; pigs 24%; layers 14%; dairy 12%; beef 10%; other species 6%; aquaculture 4%; and pets 2%. Predominant growth came from the layer, broiler, aquafeed and pet food sectors.

The Alltech Global Feed Survey assesses compound feed production and prices through information collected by Alltech’s global sales team and in partnership with local feed associations in the last quarter of 2019.  Register with Alltech to access more information.

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